COMPANY NEWS: Cohesity, a leader in AI-powered data security and management, today announced it is collaborating with Intel to bring Intel’s confidential computing capabilities to the Cohesity Data Cloud. Leveraged with Fort Knox, Cohesity’s industry-leading cyber vault service, this data-in-use encryption innovation will be the first of its kind in the data management industry. Together, Cohesity …
Broadcom Inc. Joint Innovation Lab Set Up to Help Customers Build and Test Applications BARCELONA, Spain, Feb. 27, 2024 (GLOBE NEWSWIRE) — Mobile World Congress 2024 — Singtel and VMware, recently acquired by Broadcom Inc., are partnering to enable enterprises to seamlessly manage their connectivity and cloud infrastructure through Singtel Paragon, the industry’s first all-in-one orchestration platform …
Broadcom Inc. PALO ALTO, Calif., Jan. 17, 2024 (GLOBE NEWSWIRE) — Broadcom End-User Computing Division today announced that global market research firm Forrester has named its offering (formerly of VMware) a leader in The Forrester Wave™: Unified Endpoint Management, Q4 2023. Workspace ONE was named a leader when evaluated among nine unified endpoint management (UEM) …
(Bloomberg) — EQT AB and KKR & Co. are among private equity firms interested in acquiring a software business being sold by Broadcom Inc. in the wake of its takeover of VMware Inc., people with knowledge of the matter said. Most Read from Bloomberg Thoma Bravo has also been studying a possible bid for the …
The transition follows the completion of Broadcom’s $61 billion acquisition of VMware in November. The shift away from perpetual licenses extends to the discontinuation of support and subscription (SnS) services for perpetual licenses. VMware by Broadcome as it is now known announced through its blog on Monday that it will exclusively offer term licenses or …
Cloud computing company VMware is laying off 577 employees in Austin as part of a nationwide job reduction. Cloud computing company VMware Inc. has announced plans to lay off hundreds of employees in Austin. The layoffs of 577 workers will occur at the company’s office at 6500 River Place Blvd., according to a WARN letter …
In May 2022, Broadcom announced that it will acquire VMware for $69 billion. The company declared the finalisation of the agreement on November 22, following the swift receipt of regulatory approval from China. Now an online report suggests that the company is planning to lay off VMware employees.Email sent to impacted employees As reported by …
Broadcom’s mega $61 billion VMware acquisition has closed following considerable scrutiny by regulators, the company announced in a press release. With China recently granting approval for the acquisition with added restrictions, the network chip manufacturer had secured all the required approvals. “Broadcom has received legal merger clearance in Australia, Brazil, Canada, China, the European Union, …
US-based chipmaker, Broadcom is expected to receive conditional antitrust approval from the European Union for its proposed acquisition of cloud computing firm, VMware, amounting to $61 billion (nearly Rs. 5,03,000 crore), according to sources close to the matter. This news caused Broadcom’s shares to rise by almost 5%. It is understood that the EU clearance …